{"id":4181,"date":"2014-03-21T14:14:49","date_gmt":"2014-03-21T14:14:49","guid":{"rendered":"\/?p=4181"},"modified":"2014-03-21T14:15:01","modified_gmt":"2014-03-21T14:15:01","slug":"epazz-inc-otcmktsepaz-hesitant-under-heavy-volume","status":"publish","type":"post","link":"\/articles\/epazz-inc-otcmktsepaz-hesitant-under-heavy-volume\/","title":{"rendered":"Epazz Inc (OTCMKTS:EPAZ) Hesitant Under Heavy Volume"},"content":{"rendered":"

\"EPAZ.png\"As you can see from the chart on the right, Epazz Inc (OTCMKTS:EPAZ<\/a>)’s performance over the last couple of months hasn’t been the definition of consistent. There’s no shortage of mighty jumps, but in most cases, they are followed by scary corrections. Having said that, we should note that this sort of behavior is not that uncommon for a triple zero penny stock. What is unusual, however, is the volume which, over the last couple of weeks in particular, has been rather impressive. <\/p>\n

Yesterday, for example, EPAZ<\/a> managed to shift more than $750 thousand worth of stock. The ticker opened the session with a gap up at $0.0007, ran to an intraday high of $0.0011, but failed to sustain the pressure. It closed the day at $0.0005 which is around 28% below Wednesday’s close. Clearly, there’s lots of people putting their money on the line, but what is all the commotion about?<\/p>\n

EPAZ<\/a> went through a small promotional campaign last month. When we say “small<\/em>“, we mean it. Only Penny Stock Prophecy and Gold Medal Penny Stocks took part in the pump and they received a grand total of $700 for their efforts. Nevertheless, they did manage to lure in some traders and, with the help of a few optimistic press releases, EPAZ<\/a> made it onto the list of the most heavily traded tickers in Pennyland. The question is: “Will it manage to perform under pressure?<\/em>“. <\/p>\n

We’re about to find out, but now is probably the right moment to mention that EPAZ<\/a> isn’t really the typical triple-zero company.<\/p>\n

They have been around for quite some time, they have several operating subsidiaries, and they are generating revenues. The latest 10-Q covers the period ended September 30, 2013 and it sports the following figures:<\/p>\n